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Base Rate

Base Rate

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The Base Rate of the bank is 10.00% p.a. with effect from August 21, 2013.

The Base Rate has been arrived at considering the 3 months Term Deposit rate blended with Current and Savings Account (CASA) cost, and other elements that are common across all categories of borrowers. For customers whose interest rate is linked to the Base Rate, any revision in the Base Rate will impact the interest rate.

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